[1] The Authority's primary asset is the former Clinton-Sherman Industrial Airpark, a former military airport featuring a redundant 13,503-foot-long paved runway.

The airpark has been renamed the Oklahoma Air & Space Port.

Although the Oklahoma Spaceport received a Commercial Space Transportation license from the U.S. Federal Aviation Administration in June 2006, the Spaceport has not yet hosted any sub-orbital spaceflights or launches of spacecraft into earth orbit.

[1] However, the facility is still listed as an FAA currently-licensed launch site as of June 2020.

Craig Smith became the new executive director in 2020 upon Khourie's retirement after 18 years of service.